Can you insure your bank account? i.e have all your money recompensated by the insurance company incase of bank failure.
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Everyone is talking about compensation schemes. But no one seems to have actually answered your question.
The simple answer to “can I insure this?” is nearly always yes. The problem comes when you ask the second question: “how much will it cost?”
So your can probably find someone somewhere to provide you this insurance but you will need to look for it and it will likely be a bespoke deal.
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